2318 Lowell Avenue, Richmond, CA 94804
List Price: $925K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1961
Lot Size: 5,000 sq ft
MLS Number: 41143142
About This Property
Exceptional investment opportunity in the heart of Richmond! This well-maintained fourplex features four spacious 2-bedroom, 1-bath units totaling approximately 3,154 square feet, offering immediate income with significant long-term upside. Two units are subject to rent control, while the two upper units are exempt, providing flexibility for future rental growth or owner occupancy. The upper units have been recently refreshed with new interior paint, and the exterior has been freshly painted, allowing the next owner to focus on maximizing returns rather than tackling major renovations. The property is individually metered for PG&E (tenant-paid utilities) and includes a new coin-operated washer and dryer, additional rear storage, and covered parking—desirable amenities that enhance tenant appeal and retention. This property offers excellent value-add potential, making it an attractive opportunity for investors seeking long-term appreciation and increased cash flow, as well as owner-occupants looking to offset their mortgage with rental income. Conveniently located near Highways 80 and 580, shopping, dining, public transportation, and everyday conveniences, this property benefits from strong commuter demand and a highly desirable rental location
Listing provided by: Lisa Gordon DRE #01310039 800-579-4380 lisa@trustpropertiesusa.com, Trust Properties USA, Inc
Source: CRMLS, MLS #: 41143142
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.